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Russell Banner in Russell, Manitoba

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Russell Banner

Location

Russell, Manitoba, Canada

Date

Oct 24, 2000

Page

6

Manitoba by elections amid Ottawa snap vote anger

Manitoba voters in Tuxedo and Kirkfield Park face by elections November 21 to fill vacant Tory seats as Justin Chretien calls a federal vote for November 27. The piece criticizes the snap election, recalls past floods, and notes Liberals in Manitoba facing possible Tory and Alliance challenges.

Chretien Canada Ottawa Filmon Manitoba Ontario Quebec Winnipeg South Centre Lloyd Axworthy Vaviamoa Provencher Reg Alcock Winnipeg South Ron Duhamel St. Boniface John Harvard Charleswood Assiniboia-St. James Roy D. Pagtakhan Winnipeg North-St. Pau Duhamel Veterans Affairs Axworthy Grit Canadian Alliance Alliance

Editor Corrects Prime Rate Error In Home Equity Note

A columnist admits a misstatement about borrowing against home equity at the prime rate. Readers point out the Bank of Canada rate is 6 percent, while banks charge 7.5 percent. The column argues residential real estate remains a strong asset despite stock volatility.

Wilner Victoria Joan Firkins Bank of Canada

Turner Report on Home Equity Loans and Tax Benefits

The piece argues for using home equity loans to free cash for stock investment amid a shifting market. It notes 7.5 percent loan rates with tax-deductible interest, effective savings to about 3.75 percent for high tax brackets, and potential gains from stock or mutual fund investments. It also discusses anticipated tax cuts and a political climate favoring growth, urging long term faith in markets despite volatility. The tone blends advice with political context and tax ideas.

Also Mentioned on This Page

Editorial Atlantic Canada Kathy Corbett Turner Report Igit Feds Russell Banner Russell, Manitoba Russell Main Street Pat Auin Sona Chaloner Mallwsea M.fadius Saskatchewan Covenant of Canada
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